According to Germany's Handelsblatt, Volkswagen plans to limit its investment over the next five years to around 135 billion euros (approximately 156 billion US dollars). Due to increasing pressure to accelerate cost-saving measures, Volkswagen is cutting back its spending plans. The latest investment plan will be lower than the spending budget of 160 billion euros set last year through 2030. Tightening investments is part of Volkswagen’s broader cost-cutting measures aimed at addressing weak d

According to Germany's Handelsblatt, Volkswagen plans to limit its investment over the next five years to around 135 billion euros (approximately 156 billion US dollars). Due to increasing pressure to accelerate cost-saving measures, Volkswagen is cutting back its spending plans. The latest investment plan will be lower than the spending budget of 160 billion euros set last year through 2030. Tightening investments is part of Volkswagen’s broader cost-cutting measures aimed at addressing weak d

智通财经2026/08/29 13:41

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According to Germany's Handelsblatt, Volkswagen plans to limit its investment over the next five years to around €135 billion (approximately $156 billion). Facing pressure to accelerate cost savings, Volkswagen is scaling back its spending plans. The latest investment target falls below last year's €160 billion budget for spending through 2030. Tightening investments is part of Volkswagen's broader measures to reduce costs in response to weak demand and intensifying competition. Management is seeking to cut excess capacity and structural costs, which may include further layoffs and even potential closure of factories in Germany.

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On Tuesday, following Federal Reserve Governor Waller’s call to consider a 50 basis point rate hike at the December meeting, this year’s FOMC rotating voting member Lorie Logan reiterated a hawkish stance, stating, "Given the current economic outlook, I believe at least two more rate hikes of 25 basis points each are needed. The pace of rate hikes this winter may be faster than what we have seen so far this autumn." On Tuesday, the two-year US Treasury yield jumped 19 basis points in a single day, reaching 4.74%.

华尔街见闻•2026/11/10 19:52